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Grupo Ezentis (XMAD:EZE) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Grupo Ezentis Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Grupo Ezentis's Operating Income for the six months ended in Dec. 2023 was €-2.63 Mil. Grupo Ezentis's Interest Expense for the six months ended in Dec. 2023 was €2.61 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Grupo Ezentis's Interest Coverage or its related term are showing as below:


XMAD:EZE's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.15
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Grupo Ezentis Interest Coverage Historical Data

The historical data trend for Grupo Ezentis's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Grupo Ezentis Interest Coverage Chart

Grupo Ezentis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 - - - -

Grupo Ezentis Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Grupo Ezentis's Interest Coverage

For the Engineering & Construction subindustry, Grupo Ezentis's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grupo Ezentis's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grupo Ezentis's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grupo Ezentis's Interest Coverage falls into.



Grupo Ezentis Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Grupo Ezentis's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Grupo Ezentis's Interest Expense was €-5.15 Mil. Its Operating Income was €-11.22 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.42 Mil.

Grupo Ezentis did not have earnings to cover the interest expense.

Grupo Ezentis's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Grupo Ezentis's Interest Expense was €2.61 Mil. Its Operating Income was €-2.63 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.42 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Grupo Ezentis  (XMAD:EZE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Grupo Ezentis Interest Coverage Related Terms

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Grupo Ezentis (XMAD:EZE) Business Description

Traded in Other Exchanges
Address
Calle Automoción No. 26-28, Poligono Industrial Calonge, Seville, ESP, 41007
Grupo Ezentis SA is a network services provider for communications and energy companies. It offers deployment, operation, and maintenance of telecommunications network infrastructures; Planning, engineering, implementation, and maintenance of electrical systems; and Implementation and management of complex multi-service networks. It offers complete construction, repair, and maintenance of civil works, hydraulic works, buildings, drainage, paving, and water and waste supply and treatment systems. The company has operational footprints across Spain, Argentina, Chile, Peru, Brazil, Colombia, Mexico, and Portugal, of which it generates the majority of its revenue from Brazil and Spain.

Grupo Ezentis (XMAD:EZE) Headlines

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